Risk Analysis of the MIHAN (Multi-modal International Cargo Hub and Airport at Nagpur) Project

Doctoral Thesis / Dissertation from the year 2019 in the subject Business economics - Business Management, Corporate Governance, grade: 60%, Coventry University (Emirates Aviation University), course: MBA in Aviation Management, language: English, abstract: This project aimed to study the application of risk assessment by conducting a risk assessment exercise for the various departments controlling the MIHAN project. The project is an ambitious vehicle of the Government of Maharashtra, India, located in Nagpur which is further located in the geographical centre of India. It consists of a unique combination of a free trade zone located adjacent to the Dr. Babasaheb Ambedkar International Airport. This research reviewed four key departments of the parent company for relevant risks. The research approach used was inductive and the methodology was qualitative. Personal interviews were conducted with the process owners of the departments with the questionnaire style being open and unstructured. This research was significant and unique because no risk assessment exercises were conducted for the project prior to this study. From the analysis of key risks and their departmental controls, findings related to the overall approach to risk management of the departments are presented and suggestions are provided on improvement for all departments. A detailed airport expansion approach is also presented.